Associate Risk Analyst (Finance/Accounting Controls Testing)

Navy Federal Credit Union; Pensacola (FL); On-site; USD 60,000 - 82,000; Full time

Job summary

Navy Federal Credit Union is seeking an entry-level risk analyst to support the operation of the risk function by evaluating risks and assisting with internal controls testing across accounting and finance processes.

You will perform routine tasks under close supervision, help plan research for risk assessment scopes, and collaborate with management to identify control improvements and remediation opportunities.

Qualifications

• Understanding of risk-based auditing techniques and methodologies.
• Understanding of applicable federal and state regulations, company policies, and industry best practices.
• Basic project management skills.
• Exposure to operational and regulatory risk controls concepts and practices.
• Familiarity with how to organize and effectively execute risk mitigation and process improvement initiatives.

Responsibilities

• Document and test internal controls for Finance and Accounting processes.
• Plan the research for and development of specialized risk assessment scopes.
• Collaborate with management and personnel to optimize risk assessment scope development.
• Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities.
• Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management.
• Lead/conduct specialized risk assessment and testing lifecycles for operational effectiveness and regulatory compliance.

Skills

Risk-based auditing

Internal controls testing

Regulatory knowledge

Project management

Data gathering & analysis

Stakeholder collaboration

Education

Bachelor's Degree in Business Administration, Auditing, or related field

Job description

Overview

Responsible for supporting the operation of the risk function by evaluating and analyzing risks of varying complexity and for identifying and implementing approaches and solutions to mitigate those risks. Primary focus will be the testing of internal controls, both operational and financial reporting, for accounting and finance processes. May also support the risk and control self-assessment (RCSA) and SOC-1 review processes. Conduct routine work assignments of limited scope and complexity under close supervision. Entry level professional with developing skill set and a basic understanding of procedures and techniques.

This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you.

Responsibilities

• Document and test internal controls for Finance and Accounting processes
• Plan the research for and development of specialized risk assessment scopes
• Collaborate with management and personnel to optimize risk assessment scope development
• Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities
• Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management
• Lead/conduct and provide expertise with the administration of specialized risk assessment and testing lifecycles of business activities, processes, policies and procedures for operational effectiveness and compliance with regulatory requirements, federal and state laws, and Navy Federal's quality control standards, policies and procedures
• Make recommendations for additional controls and corrective action to improve the efficiency and effectiveness of operations and risk mitigation processes

Qualifications

• Understanding of risk-based auditing techniques and methodologies
• Understanding of applicable federal and state regulations, company policies, and industry best practices
• Basic project management skills
• Exposure to operational and regulatory risk controls concepts and practices
• Familiarity with how to organize and effectively execute risk mitigation and process improvement initiatives
• Understanding of risk-based auditing techniques and methodologies
• Understanding of applicable federal and state regulations, company policies, and industry best practices
• Basic project management skills
• Exposure to operational and regulatory risk controls concepts and practices
• Familiarity with how to organize and effectively execute risk mitigation and process improvement initiatives
• Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience

Desired Qualifications

• Master's Degree in related field or equivalent combination of training, education and experience
• Master's Degree in related field or equivalent combination of training, education and experience
• Undergraduate or graduate degree in Accounting or Finance
• Experience and/or exposure to accounting, financial reporting, and/or auditing concepts
• Experience and/or exposure to AI tools

Additional Information

Hours

• Monday - Friday, 8:00AM - 4:30PM

Location

• 5510 Heritage Oaks Drive, Pensacola, FL 32526

About Us

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion.* FORTUNE 100 Best Companies to Work For 2026* Yello and WayUp Top 100 Internship Programs 2025* Computerworld Best Places to Work in IT 2026* Most Loved Workplace - America's Top Most Loved Workplaces 2025* 2025 PEOPLE Companies That Care* Newsweek Most Trustworthy Companies in America 2026* Military Times 2025 Best for Vets Employers* Forbes 2026 America's Best Large Employers* Forbes 2025 America's Best Employers for New Grads* Forbes 2025 America's Best Employers for Tech Workers* 2025 RippleMatch Campus Forward Award Winner for Overall Excellence* Military.com Top Military Spouse Employers 2025* 2026 Handshake Early Talent Award* Newsweek America's Greatest Workplaces for Culture, Belonging and Community 2026From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.

Accommodations

If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at [e-mail] or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.

Disclaimers

Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.

Bank Secrecy Act

Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.